Finovate is part of the Informa Connect Division of Informa PLC
This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
Total fundings in second quarter hit $8.4 billion as 28 companies raised $401 million the third week of May. Eight deals passed the $10-million mark, with one more at $9 million. Along with the usual payment and lending startups, two insur-tech companies raised substantial rounds: Embroker ($12.2 million) and Jetty ($4 million). Finovate alums accounted for Read more…
Total fundings in second quarter hit $8 billion as 30 more companies raised $390 million the second week of May. Nearly half of that ($188 million) was debt earmarked for Avant’s U.K. subsidiary. The deals were widely dispersed around the world, with only 4 of the 30 headquartered in California. London beat that this week with 5, followed by Read more…
Second quarter’s funding pace remained strong with 26 companies raising $267 million—$55 million of that was Debt—the first week of May. The deals were widely dispersed around the world, with only 4 of the 26 companies hanging their shingles in California, although those four did account for half the dollar value. The total number of deals YTD Read more…
The month of April ended on busy note as 29 companies raised $427 million in the final week (ending April 29). That brought the total raised in April to $7.3 billion, which would have been a record year anytime before 2014. The previous weekly totals in April: 17 companies raise $4.8 billion week ending April 22 Read more…
Due to the massive $4.5 billion funding at Alipay’s Ant Financial, we just set the one-week record for fintech venture funding with $4.79 billion (of which $125 million was debt). However, for the first time this year, there were fewer than 20 deals during the week. But with 39 deals last week and 17 this Read more…
For the third time this year, we broke the single-week record of number of deals. This week we hit 39, three more than the previous high of 36 (the week ending Mar 17). This week the total capital raised was a whopping $932 million (or $680 million not counting the $253-million Bats Global IPO). The total Read more…
For the 14th week in a row, the number of fintech deals worldwide surpassed 20. This week, 29 startups raised $275 million, or $1.20 billion if you count Chinese real estate giant Home Link (Lianjia).* The total number of deals YTD stands at 363, double last year’s 186 (through April 10). Total dollars raised YTD is $7.9 Read more…
The fintech funding slowdown is officially a myth. In first quarter, both the money raised and the number of deals increased sequentially and year-over-year. In fact, Q1 was the biggest quarter in both number (334) and value ($6.7 billion) since we began tracking in mid-2014. And it was probably the biggest ever, since things really started heating Read more…
First quarter closed with a bang as 21 companies raised a total of nearly a half-billion of new funding ($458 million), all equity as far as we know. The total number of deals in first quarter was 334, double last year’s 171. Total dollars raised in Q1 stands at $6.7 billion, also double the $3.3 billion raised in Q1 Read more…
For the 12th consecutive week, there were 20+ fintech fundings worldwide. Total dollar value was $218 million, which includes $29 million of debt. YTD, the total number of deals stands at 313, double last year’s 158. Total dollars raised, $6.2 billion YTD, is also double the $3.2 billion at this point last year. The number of deals was Read more…
At Finovate, we are all about the next new thing. That’s why we love compiling the weekly funding report. Money (usually) flows to the best ideas (or at least the best execution). And if that holds true, 2016 is going to be a banner year as total deals are running double the pace of 2015—285 vs. 139 last year. Read more…
Last week, 22 fintech companies raised a total of $159 million, of which at least $5 million was debt. It was the tenth week in a row with 20 or more fintech deals. By comparison, in 2015 we hit that mark 13 times during the entire year. The year-to-date total raised is $5.5 billion, more than double Read more…